• Barclays have cut their forecast for Japan Q3 GDP to an annual rate of 0.3% (from 2.2%)
  • Barclays economists cite sluggish consumption and exports
  • For Q4, though, the forecast is to an annual rate of 3.7%

Headlines crossing the wires. I’m trying to confim that Q3 cut to 0.3 from 2.2 – seems an awfully big cut.